• Price surged 11.7% over 24 hours, peaking at $0.00425 before consolidation.
• High volume surges in late NY session confirmed bullish momentum.
• RSI suggests moderate overbought conditions, but MACD remains strong.
• Bollinger Band expansion indicates rising volatility; price near upper band.
• Fibonacci retracement of 61.8% at $0.00419 may act as key support.
Alien Worlds/Tether (TLMUSDT) opened at $0.00391 on 2025-09-30 12:00 ET and closed at $0.00420 by 2025-10-01 12:00 ET. The pair hit a high of $0.00425 and a low of $0.00390 during the 24-hour period. Total volume was 172,067,940 TLM, and notional turnover amounted to approximately $688,264. The asset showed a strong rally driven by increased buying pressure late in the New York session.
Structure & Formations
TLMUSDT formed a bullish engulfing pattern around $0.00401–$0.00402, followed by a strong continuation into the upper Bollinger Band. A key resistance level emerged at $0.00425, while support appears to be consolidating around $0.00418–$0.00419. A bearish doji formed in the early London session but was quickly absorbed by higher buying volume. The price appears to be consolidating after the breakout, with a strong upper shadow indicating some profit-taking.
Moving Averages
On the 15-minute chart, the 20-period MA crossed above the 50-period MA, signaling a potential short-term bullish trend. On the daily chart, the 50-period MA continues to trend upward, aligning with the 100- and 200-period lines, which suggest the pair is in a broader uptrend. Price remains above the 200-period MA, indicating continued dominance by bullish momentum in the medium term.
MACD & RSI
The MACD histogram remained positive throughout the day, with a strong crossover and bullish divergence in the late NY and early London sessions. RSI climbed to 68, indicating moderate overbought conditions, though not extreme. The RSI pullback in the early London session may signal short-term profit-taking but lacks bearish divergence. The price may test key resistance at $0.00425 in the next 24 hours.
Bollinger Bands & Volatility
The Bollinger Bands expanded significantly during the afternoon hours of the NY session, reflecting heightened volatility. Price reached the upper band at $0.00425 and began retracing slightly, which may indicate a temporary overbought condition. The narrowing of the bands in the early London session suggests a potential consolidation period. However, the recent volatility expansion suggests increased market participation and sentiment.
Volume & Turnover
Volume spiked sharply in the late NY session, with the highest 15-minute volume observed at $0.00421. This coincided with a strong bullish continuation and a breakout attempt above $0.00425. Notional turnover followed a similar pattern, confirming the price action. A volume divergence was noted in the early London session, where volume declined while price continued upward, suggesting possible exhaustion. However, this was followed by a strong volume recovery as price moved toward key resistance.
Fibonacci Retracements
The most recent 15-minute swing from $0.00401 to $0.00425 saw a 61.8% retracement at $0.00418, which appears to have acted as a short-term support. On the daily chart, the broader move from $0.00390 to $0.00425 has a 38.2% retracement at $0.00405 and a 61.8% retracement at $0.00419, both of which are critical levels for near-term price direction. A break below $0.00418 could see a test of $0.00405, while a close above $0.00425 could see a potential target at $0.00431.
Backtest Hypothesis
A backtesting strategy based on MACD crossover and RSI divergence could be used to refine entries in this pair. Specifically, a long position could be triggered when the MACD line crosses above the signal line and the RSI moves above 40 from below, indicating the resumption of bullish momentum. A stop-loss could be placed below the 61.8% Fibonacci level at $0.00418, with a take-profit target at the 78.6% extension or $0.00431. This approach aligns with the observed price structure and could be optimized by incorporating volume confirmation for stronger entries.
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